sp'daily5
R2K, daily
Trans
Summary
*I would especially wish to highlight the R2K, which appears floored in the 1120s..and set for the 1170/80 zone by the next FOMC of June'18.
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So..most notable aspect of the day, a new historic high for the sp'500, and the sp'1930s seem highly likely tomorrow. Considering the bigger weekly/monthly charts, there looks to be a fair chance of 1945/50 in the near term, before a minor retrace.
I still think the equity bull maniacs are NOT going to hit sp'2000 this year, before a major (if brief) multi-month down wave.
*I am content on the sidelines..will consider an index short this Friday, is sp'1945/50 on a 'good monthly jobs data' spike.
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a little more later...